This Sizzling Growth Stock Deserves to Be on Your Radar
With a patient approach, growth investing can make investors much richer over the long term. My personal definition of a growth-oriented stock is an underlying business that is consistently generating at least double-digit top-line growth and may or may not yet be profitable.
Specialty discount store chain Five Below (NASDAQ: FIVE) is a business that fits this profile. Here's why the stock could end up being a savvy buy for growth investors in the years ahead.
Founded in 2002, Five Below is a value-oriented retailer that offers trending and quality products like toys and games and clothing to a mostly younger customer base of tweens and teens. The company's merchandise is mostly priced between $1 and $5 with some value items beyond those price points, such as headphones, phone cases, and portable bluetooth speakers.
Source Fool.com
